Archive for the ‘Boston Investments Property’ Category
Thursday, June 2nd, 2011
ATTENTION INVESTORS! CONDITIONS ARE PERFECT!
There couldn’t be a better time to take advantage of the low interest rates, reduced Boston condominium prices and high Boston Apartment demand!
While current bank CD’s are only offering 1-2%, a return of 4-5% on a rented income property is very real! Keeping in mind the additional positives of potential property appreciation or tax benefits, this a a terrific opportunity to boost your income or portfolio!
Cabot and Company recommends the assistance of an experienced agent to help guide your purchase toward maximizing a profit. We can provide all the information and numbers to define your search using our database, LINK, MLS, and various other tools we have access to. There are currently excellent values in the Back Bay, South End, and Fenway areas. Our agents at Cabot can provide accurate rental prices and comparable sales reports.
We also have an in-house Property Management Department for your after-purchase needs.
Please call Cabot and Company today at 617-262-6200 for more information and assistance!
Tags: Back Bay, Back Bay Apartments, Back Bay Condos, Boston Condos, Boston Homes, Boston Real Estate, investment property, Real Estate Advice, South Boston, The Fenway
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Fenway, Fenway Apartments, Fenway Condos, South End, South End Apartments, South End Condos |
Tuesday, May 17th, 2011
Excellent Back Bay Investment Opportunity!
This building is in superior condition with many fine, original architectural details throughout the property. There is also a common laundry and patio for the building residents. Each apartment has hardwood floors.
This property is located on a prime Back Bay corner in close proximity to shopping and dining on Newbury Street, The Copley and Prudential malls, The Mandarin Oriental, and lovely walking areas including the Charles River Esplanade, Boston’s gorgeous Public Gardens and lovely Commonwealth Avenue.
Take a look at some of the details of this extraordinary property below, and contact Cabot Real Estate today to schedule a showing!
Quick Facts
- 6640 Gross Square Feet
- 5312 Net Square Feet
- Five Back Bay Apartments
- $170,000 Annual Income
- $21,845 Annual Expenses (detailed to the right)
- Electric $1594.26 (annual)
- Heat/Hot Water $12,190 (annual)
- Insurance $1964 (annual)
- Snow Removal $1764 (annual)
- Water/Sewer $4333 (annual)
- Price : $3,275,000
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Rents:
Projected for 2011-12
- Unit 1: $1500/Month
- Unit 2: $2800/Month
- Unit 3: $3000/Month
- Unit 4: $3400/Month
- Unit 5: $3500/Month
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Contact Rene Rodriguez
Exclusive Listing Agent
617-896-5006
renebost@yahoo.com |
PRICE: $3,275,000
APARTMENTS: 5 units
Gross Square Feet: 6,640 SF
Annual Income $170,000
TAXES $17,643/yr |
Cabot & Company
213 Newbury Street
Boston,Massachusetts 02116
617-262-6200
www.cabotandcompany.com
Tags: Back Bay, Back Bay Apartments, Back Bay building for sale, Back Bay investment property, Back Bay Real Estate Investment, Boston Real Estate, Featured Listing, investment property
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Property, Boston Real Estate, Boston Realty, Featured Listing |
Tuesday, March 22nd, 2011
Spring is here at Cabot and Company Real Estate on Newbury Street, Back Bay! Monday, March 21st is the official beginning of Spring, but here at Cabot Rentals we have been busy for the last few wintry months working on upgrades to our website.
We are excited to announce a new and improved website and an excellent Boston rentals feature that allows us to send all of our Back Bay Apartments, South End and Fenway, etc. apartment searchers the very latest updated listings on a daily basis!
For many years, Boston condos and Boston commercial real estate shoppers have had the convenience of perusing available listings on our website via listing information services like LINK and MLS. Now apartment shoppers can receive daily updates as new listings come rolling in this busy season.
Pictured below are two beautiful featured listings. The top image is a living room shot pulled from one of our Boston Fenway apartment listings. Below that one of our spacious Back Bay apartments that has gorgeous light.
Simply contact a Cabot and Company rental agent today at 617-262-6200 to sign up to receive daily listing updates, to schedule a showing for one of these featured apartments!
Tags: Back Bay, Boston Neighborhoods, Daily Listing Updates, Fenway Apartments, Newbury Street, South Boston, The Fenway
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Realty, Fenway, Fenway Apartments, Fenway Condos, South End, South End Apartments, South End Condos, South End Neighborhood |
Thursday, December 16th, 2010
A lot of restaurants have come and gone over the past 22 years but we always seem to find a nice venue with fine food and drink for our annual Holiday Bash! This year we went to Mistral on Columbus Avenue.
In addition to the excellent food and drink, we had our traditional “Cabot Yankee Swap” wherein Cabot provides the gifts to be exchanged. A genuine “clunker” of a gift, lottery tickets and fancy alcohol are always in the mix to help assure a competitive swap. Regardless of the economic times for Boston real estate, this is a Cabot event we always enjoy and feel blessed to have!
Hope you enjoy the pics!
Joseph Palermino
Tel: (617) 263-6200
www.cabotandcompany.com
Tags: Holiday Party, Holiday Season in Boston, Mistral Restaurant, Winter in boston
Posted in Boston Commercial Real Estate, Boston Events, Boston Investments Property, Boston Luxury Real Estate, Boston Real Estate, Boston Real Estate Agent, Cabot and Company News, Holiday Events, Winter Events |
Wednesday, December 15th, 2010
700 Harrison is a dazzling new building, located in Boston’s stimulating and sophisticated South End neighborhood, contains 84 luxury condominiums featuring floor-to-ceiling windows and private roof terraces that provide great lighting and amazing views, wood flooring, walk-in closets, granite counter tops, and stainless steel appliances. These luxury condos are inspired by both the traditional and modern identities of the South End and offer beautiful parks, sidewalk cafés, weekend festivals, fine dining, local shops, and neighborhood performance art theaters.
700 Harrison is in close proximity to the Silver line, the expressway, and Logan Airport, with a secure underground parking garage and a ground floor bike room. Residents also have access to either a private roof terrace or the common sun garden. With its spacious modern lobby, intelligently designed floor plans, and fully appointed kitchen and baths, it is the perfect place for great urban living.
If you’re interested in Luxury Condos in the South End of Boston with first class amenities, consider 700 Harrison. Contact Cabot to schedule a viewing today.
Tags: 700 Harrison Avenue, Boston Luxury Building, boston luxury condo, Boston Luxury Real Estate, Featured Boston Luxury Listing
Posted in Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Featured Listing, South End, South End Condos, South End Neighborhood |
Tuesday, November 23rd, 2010
Around this time last year, I wrote a blog asking this same question (to view it scroll back to about the seventh blog…fall of last year). Anyway, it is interesting to look back a year later with 20-20 hindsight vision and see what I saw then and to compare it to what happened and to what trends I see now.
Essentially, what I said a year ago still applies….the unemployment rate remains the key to the real estate recovery. The residential market is still stronger than the commercial market but both sectors have pockets that defy the national trends of lower prices. Back Bay condos, Beacon Hill, South End and other desirable Boston neighborhoods have held their own compared to the suburbs and Cape Cod, where prices and activity are down 20% and more…in some cases, way more. I think the recent election will prove to stanch the excessive government spending and eventually lead to more economic confidence resulting in an increase in employment in the private sector. Hopefully I am right about this.
Either way, Happy Thanksgiving everyone!
Joseph Palermino
Cabot & Company
Tel: (617)262-6200
Brokers@Cabotandcompany.com
Tags: Happy Thanksgiving, Real Estate Recovery, Unemployment Rate
Posted in Back Bay Condos, Beacon Hill, Beacon Hill Condos, Boston Commercial Real Estate, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Cabot and Company News, South End Condos |
Tuesday, November 16th, 2010
Every Once In A While We Need A Story Like This One: A Wonderful Story That Has Absolutely Nothing To Do With Real Estate!
A couple celebrating their 50th wedding anniversary at the Lenox Hotel were offered their original bill when they first stayed at the Boston property hotel in 1945, which was $4.50 for the night. Read the full article about the hotel’s anniversary gift to the couple.
©2010 FOX News Network, LLC
Pictured above is also an original menu from the Lenox Grill in 1945, where a bottle of wine was 75 cents and beef tenderloin was just $1.50!
Enjoy,
Joseph Palermino
Cabot & Company Real Estate
Tags: 50th Wedding Anniversary, Lenox Hotel
Posted in Boston Events, Boston Investments Property, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Cabot and Company News |
Thursday, October 28th, 2010
This one bedroom high rise is one of our featured Boston condos properties at Cabot & Company. is located at the corner of Clarendon and Stuart Street, with it’s address at 400 Stuart Street in Boston.
And what’s not to like about this gem of Boston real estate? The Clarendon, designed by A.M. Stern Architects is the first Boston luxury condo project by The Related Company in Boston. Perched on the 18th floor with sweeping westerly Views, this luxury one bed is fitted with Miele and SubZero appliances. Sybaritic marble bath, 24 hour concierge, on site Equinox Gym, Assouline Resident Library, Landscaped sun deck with gas grills, resident lounge with catering kitchen, and room service from Post 390. Garage/Valet Parking available.
Additional Property Information:
Approx. Living Area: 765 sq. ft. ($1,018.30/sq. ft.) Approx. Acres: Garage Spaces: 1 Under
Living Area Includes: Heat Zones: 1 Forced Air Parking Spaces: 0 Rented
Living Area Source: Unit Floor Plan Cool Zones: 1 Central Air # of Living Levels: 27
Living Area Disclosures:
Complex & Association Information
Complex Name: The Clarendon Units in Complex: 103 Complete: Units Owner Occupied: Source:
Association: Yes Fee: $653 Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Clubroom, Air Conditioning
Features:
Appliances: Wall Oven, Disposal, Microwave, Countertop Range, Refrigerator, Freezer, Washer, Dryer
Association Pool: No
Assoc. Security: Doorman
Basement: No
Beach: No
Exterior Features: Composite Deck
Flooring: Wood, Marble
Interior Features: Cable Available, Laundry Chute
Management: Professional – On Site
Pets Allowed: Yes w/ Restrictions (See Remarks)
Sewer and Water: City/Town Water
Terms: Contract for Deed
Waterfront: No
Other Property Info
Adult Community: No
Disclosure Declaration: No
Disclosures: Rental Garage Parking – not deeded
Exclusions:
Lead Paint: None
UFFI: No Warranty Available: No
Year Built/Converted: 2009
Year Built Source: Public Record
Year Built Desc: Actual
Assessed: $1
Tax: $7696 Tax Year: 2011
Book: 1 Page: 1
Zoning Code: res
Map: Block: Lot:
Market Information
Listing Date: 10/12/2010
Listing Market Time: MLS# has been on for 15 day(s)
Days on Market: Property has been on the market for a total of 15 day(s)
Office Market Time: Office has listed this property for 15 day(s)
Original Price: $779,000
If interested in this property, please contact Cabot Company.
Tags: A.M. Stern Architects, clarendon and stuart street, high rise, one bedroom, The Clarendon
Posted in Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Featured Listing |
Thursday, October 14th, 2010
Pictured are Paula, Dan and myself as well as Shelagh and Dan at the Harvard Club of Boston’s Business to Business Expo. The event was held at the Downtown Harvard Club on the penthouse level of One Federal Street, 38 floors above the city. It was a magnificent evening with plenty of food and drink as well as gorgeous views of the city and harbor.
It was also an opportunity to network with other businesses and professionals in a warm and collegial atmosphere. Paula, Dan , Shelagh and I had a fine time discussing some of our specialties, including Boston real estate, Boston investment property and Boston commercial real estate, in addition to learning about other companies that operate in and around our city. Cabot & Company was the only Boston real estate firm there so we were pretty busy!
Joseph Palermino
joe@cabotandcompany.com
617.262.6200
Tags: Business to Business Expo, The Harvard Club
Posted in Boston Commercial Real Estate, Boston Events, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Realty, Cabot and Company News |
Friday, October 1st, 2010
This Sunday’s Open House is Fit for a Prince!
Cabot & Company has a hot new Boston real estate listing at The Prestigious Prince on fashionable Newbury Street. This elegantly renovated two bed room two bathroom listing of our Boston homes is a coveted sunny front unit with a working fireplace, a real designer’s kitchen, and boasts lots of light from the many windows.
It is in meticulous condition with fabulous hardwood floors, central air conditioning, concierge services, laundry in-unit, an amazing common roof deck and a single parking space situated close to the door. Live in the heart of Boston’s best neighborhood surrounded by all of the restaurants and shopping boutiques in an amazing Back Bay Luxury Building! Please come and check out this Princely Condominium from 12:30pm to 2:00pm this Sunday, October 3rd.
Joseph Palermino
Tags: Boston Luxury Real Estate, Featured Boston Luxury Listing, featured luxury condo, Luxury Building, Newbury Street, THe Prestigious Prince
Posted in Back Bay, Back Bay Condos, Boston Condos, Boston Events, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Cabot and Company News, Featured Listing, Open House |
